Norwegian startup Muybridge emerges from stealth to ‘reinvent’ the camera

Oct10
by on October 10, 2024 at 2:55 pm
Posted In: Uncategorized


Deep tech startup Mybridge has emerged from the shadows with an €8mn investment to fuel its objective — to revolutionise the way we take photos. Founded by Håkon Espeland and Anders Tomren in 2020, Muybridge has spent the last four years developing real-time computer vision technology that uses software to replace most of the moving parts found in traditional cameras. “Muybridge is one of those rare companies that has managed to combine enabling technologies in a way that opens a new paradigm,” said Filip Petersson, partner at Scandinavian VC Fairpoint Capital, the lead investor in the funding round.   Muybridge’s co-founder…

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OpenAI deepens European footprint with new hubs in Paris, Brussels

Oct09
by on October 9, 2024 at 9:32 am
Posted In: Insider


OpenAI is opening new offices in Paris and Brussels as the ChatGPT maker accelerates its global expansion plans. The new sites increase the company’s European presence to four offices. They join London, which began OpenAI’s international expansion in 2023, and Dublin, which became the firm’s first EU base a few months later. Alongside the European hubs, OpenAI is also launching new offices in New York City, Seattle, Paris, Brussels, and Singapore. Job openings at all the sites will be listed here. For OpenAI, the European locations offer diverse attractions. The company has praised London for its “vibrant technology ecosystem” and “exceptional…

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European Investment Bank crafts new funding plan to keep startups in the EU

Oct08
by on October 8, 2024 at 2:29 pm
Posted In: Uncategorized


The European Investment Bank (EIB) is considering new measures to help close the funding gap for European startups and prevent them from relocating across the Atlantic. During a meeting with EU finance ministers yesterday in Luxembourg, the EIB proposed its “Action Plan” that aims to boost Europe’s capital markets, investments, and competitiveness. A key pillar of the plan is to increase support for the EU’s venture capital and private equity markets to enable the scaling up of innovative startups and unicorns. This includes three different measures, starting with the extension of the European Tech Champions Initiative (ETCI). Launched in 2023,…

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What European founders need to know about US vs EU market expansion

Oct07
by on October 7, 2024 at 6:14 am
Posted In: Uncategorized


The recently released EU Competitiveness Report from the European Commission delivered a stark message to the bloc’s tech sector. As Mario Draghi, lead author of the report, warned, Europe faces ‘’an existential challenge’’. “The problem is not that Europe lacks ideas or ambition,” the former Italian premier said. “But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation.” Namely, the bloc needs to focus on providing the right conditions for more European big tech companies to grow — and the incentives for them to actually stay. As we get ready for CES Unveiled in…

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Ukraine’s new F-16 simulator spotlights a ‘paradigm shift’ led from Europe

Oct04
by on October 4, 2024 at 5:22 pm
Posted In: Insider


To the average eye, extended reality is starting to look bleak. The metaverse has bombed, the Apple Vision Pro has flopped, and Sony has all but abandoned the PSVR. Sadly for Mark Zuckerberg, consumers rarely want to strap computers to their faces. But there is one place where business is booming: the military. XR has diffused across the armed forces since 2021, when Microsoft signed a contract with the US Army worth up to $21.9bn (€19.6bn). Under the deal, the tech giant would develop training programmes for HoloLens-based headsets. Despite a shaky start — literally, for the nauseated soldiers —…

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